# Liverpool City Region Seed Fund: Fund Manager

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Liverpool City Region Combined Authority](/buyers/liverpool-city-region-combined-authority/contract-awards)
- Tender value: £450,000
- Published: 18 July 2024
- Planned start: 31 October 2024
- Planned end: 31 October 2034
- Stage: open_tender
- Procurement category: services
- Notice ID: 9d86034c-bd5d-44c1-989c-6f9a7a46a12f-768238
- OCID: ocds-b5fd17-a1bae1ac-639e-49c8-a9cf-4a96cb82048f

## Description

Liverpool City Region has one of the UK's most developed place-based innovation ecosystems\. However, despite high business birth rates, Liverpool City Region has relatively low levels of high growth enterprises\. This is in part due to a lack of finance at the crucial seed stage of investment\. Research commissioned by Liverpool City Region Combined Authority indicates that 'providers of Seed Fund investment in Liverpool City Region are limited' despite a strong pipeline of demand\. Liverpool City Region Combined Authority has committed to investing in the LCR Seed Fund\. The Combined Authority is leading on the procurement and selection of a Fund Manager\. This forms part of a wider programme of activity to stimulate the growth of early-stage businesses with high-growth potential\. The CA will be conducting a tender exercise to seek a high-quality Fund Manager able to meet the objectives of the Fund\. This will include consideration of the scale of Fund, options to leverage additional investment and proposals to embed activity in the Liverpool City Region Innovation Eco-System\. Additional information: https://procontract\.due-north\.com/Advert/Index?advertId=f20c0586-d044-ef11-812d-005056b64545

## Related contract awards

- [Developing the Customer Proposition for the Liverpool City Region Metro Integrated Public Transport Network](/contracts/ocds-b5fd17-cf27b3e0-6ae2-47b4-b82f-d42ac1bc85de): Liverpool City Region Combined Authority
- [Liverpool City Region - Mobile coverage surveys/mapping](/contracts/ocds-b5fd17-173fe4c2-782a-405f-8d8c-6c21be1ff3ab): Liverpool City Region Combined Authority
- [Office for Public Service Innovation - WS1 - Shared Data and Insights development](/contracts/ocds-b5fd17-37afe4fb-7c67-4358-bd27-3e0c05119fdc): Liverpool City Region Combined Authority

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/9d86034c-bd5d-44c1-989c-6f9a7a46a12f-768238)